Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[edwardspitz]

It seems China was breaking down and dragging everyone with them. It is time for China to start following the west I think  

In the short term China's going up regardless, whales have lost out bigtime trying to kick them around with the kind of things that made stamp a joke because there's way more inertia than western markets. The western markets are much more dynamic though and a jump on them when the asian exchanges are going through a round figure will give them a big boost. The weight of the asian markets is providing a platform to make agile moves on the western markets.

Not 100% sure, but I think I know what you mean. This was a breakdown from wedges though and I have not seen a recovery like this before. Much resistance on Bitfinex and Huobi. It will be interesting to see how this plays out.

[600watt]

https://bitcointalk.org/index.php?topic=178336.msg9152370#msg9152370



 

That's at least the second time that you quoted yourself... 

cmon, that is my moment of fame !

& thx for requoting.

[Kontridder]

What if there is more to crypto than just pumping?    

LOL

xddddd

[MrPiggles]

I thought that you were buying those coins back in the low $300s?  NOT enough cash flow to buy them all back?

By the way, trend reversal again, we are in the $300s... back to a bear market....   Fuck.. 

Nah, I did say I changed my mind about buying back in:

I have $20k that I haven't bought back in with yet. I'm actually more comfortable with the amount I have in btc right now (around 40 currently) so I can only assume I was overinvested, as I was far  too emotional about it. I'll keep "buying back in" via my income in btc, but I think I'll put the $20k into a nice mutual fund or ETF

[findftp]

https://bitcointalk.org/index.php?topic=178336.msg9152370#msg9152370



 

That's at least the second time that you quoted yourself... 

cmon, that is my moment of fame !

& thx for requoting.

Congratulations!
Any thoughts about predicting the price of the top, and when?
 

[600watt]

I still don't really feel like we've had blood in the streets.

No one posted a suicide hotline on r/bitcoin yet

In other words, you are still holding out concerning when you are going to buy back in.

You may want to be safe and buy back part, so that you are NOT gambling all of your stash.. but I have my doubts if prices are going lower than they did yesterday, any time in the near future.... though anything seems possible in bitcoinlandia.

My income is entirely in btc. I did sell 60 this month at $380 but technically i'm buying in on a daily basis, to the tune of around $500-600

I have $20k that I haven't bought back in with yet. I'm actually more comfortable with the amount I have in btc right now (around 40 currently) so I can only assume I was overinvested, as I was far  too emotional about it. I'll keep "buying back in" via my income in btc, but I think I'll put the $20k into a nice mutual fund or ETF

hm... pls read this:

http://nakamotoinstitute.org/mempool/everyones-a-scammer/

don´t get scammed out of your btc...  

[ChartBuddy]

Explanation

[njcarlos]

hm... pls read this:

http://nakamotoinstitute.org/mempool/everyones-a-scammer/

don´t get scammed out of your btc...  

Probably the dumbest shit I've read in a long time.

[ShroomsKit]

https://bitcointalk.org/index.php?topic=178336.msg9152370#msg9152370



 

Just predict things often and 1 day you will be right.

[Erdogan]

So the question I have for everyone is are we really ready for another bubble?  For those of you that have been through a rally before do you remember how addicted we became to the charts? Even more so than now, which can be hard to believe for some of us. And if you are anything like me, all I seemed to talk about day and night was Bitcoin.  My kids would even say, "Stop talking about Bitcoin!"  But the obsessiveness was because of the adrenalin rush of price increases every day, every hour and sometimes every minute!  Hopefully I can remain more calm and less of an "addict" this time around.  We will see. . .  

I prefer a modest rise of 10% per week in the beginning of a new bubble, so we rise too fast. Wild guess: this time we first get a minibubble of say 2000 USD/B, after a pause of a month or so we get the real bubble.

How far does the real bubble go?

Initially, I had been thinking $2.5k to $5k; however, since we seemed to have been delayed a few extra months, I began to conjecture between $3k and $13k... mostly based on pent-up demand and the fact that there has been considerable more infrastructure built and additional easy abilities for big money to easily get in or out, in fairly short notice.

I agree, much pent-up demand. At least $10K.

You are predicting, more or less, mini-bubble in 2014, and then "real" bubble in early 2015?

Exactly (but I don't pretend to know anything other than that we will have vastly higher prices in the long term).

[ShroomsKit]

I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

[Tzupy]

I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

If you just sold, it's not a bad move, since the market is overbought right now and it may drop a bit. But don't forget to buy back at a local bottom.

[ImI]

I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

lol

you are such a joke. its ok that you sold, no problem with that. but wasnt that you who just complained like "Who the fuck is selling?"

[empowering]

I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

weird...

[runam0k]

I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

The market appears not to have noticed.

[JayJuanGee]

https://bitcointalk.org/index.php?topic=178336.msg9152370#msg9152370



 

That's at least the second time that you quoted yourself... 

cmon, that is my moment of fame !

& thx for requoting.

We'll it is pretty specific, even though we cannot really know these things, so i consider it like throwing a dart with a blindfold on after spinning around three times... but congratulations, anyhow... 

[ShroomsKit]

I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

The market appears not to have noticed.

I sold it off exchange. I didn't want the price to drop below 400 again.

[600watt]

https://bitcointalk.org/index.php?topic=178336.msg9152370#msg9152370



 

Just predict things often and 1 day you will be right.

i don´t predict often.

i admit, a 4 day prediction isn´t that exiting.

[madmat]

I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

The market appears not to have noticed.

Stop quoting my ignore list. Thank you.

[JayJuanGee]

I thought that you were buying those coins back in the low $300s?  NOT enough cash flow to buy them all back?

By the way, trend reversal again, we are in the $300s... back to a bear market....   Fuck.. 

Nah, I did say I changed my mind about buying back in:

I have $20k that I haven't bought back in with yet. I'm actually more comfortable with the amount I have in btc right now (around 40 currently) so I can only assume I was overinvested, as I was far  too emotional about it. I'll keep "buying back in" via my income in btc, but I think I'll put the $20k into a nice mutual fund or ETF

Seems like I may have missed that post, or maybe i only read what I wanted to read....     

Yes, each of us make our choices based on our risk tolerances and view of probabilities and time-line etc etc... good to be diversified at your own comfort level rather than the comfort of somebody else...